Foreign assets disclosure scheme requires electronic verification, payment within set timelines with interest for delay. Following electronic verification, the authority must communicate the amount payable by order within one month from the end of the month in which the declaration was made. The assessee must pay within two months from the end of the month in which the order was received; a further extension of up to two months is permitted with simple interest at one per cent per month or part-month. The assessee must intimate payment details to the prescribed authority within the extended period, whereupon an electronic certificate of payment shall be issued within one month and is conclusive as to the matters stated.